CHICAGO, IL--The Great Recession of 2009 wasn’t especially kind to the owners of commercial real estate assets, but the pain was spread around unevenly.
“In hindsight, it was a breakthrough year for senior housing and healthcare properties as the extent to which senior housing demand is sustainable during different economic environments began to more fully sink in with lenders and investors,” funding expert Jeffrey A. Davis (top right photo) observes.
“Last year, senior housing/healthcare properties were the strongest real estate asset class in most lender and investor portfolios, and this isn’t likely to change as the economy continues to muddle through what has been a slow revival process to date,” he said.
Davis is Chairman of Chicago-based Cambridge Realty Capital Companies, one of the nation’s leading senior housing/healthcare lenders. The company is consistently ranked among the top FHA-approved HUD healthcare lenders and is involved in direct property acquisitions, joint ventures and sale leasebacks through its Cambridge Investment and Finance Co. subsidiary.
For a complete copy the company's news release, please contact:
Evan Washington, Phone: (312) 521-7603, Fax: (312) 357-1611, E-Mail: ew@cambridgecap.com, Twitter: http://twitter.com/CambridgeCap
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